The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq US Mega Cap Select Leaders Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities of companies in the Nasdaq US 500 Large Cap Index (the parent index) that have the largest market capitalizations, with higher weights given to less volatile securities.
Inception Date: 11/10/2017
Primary Benchmark: NASDAQ US Mega Cap Select Leaders TR USD
Management Expense Ratio: 0.12 %
|MSFT||Microsoft Corporation||4.05 %|
|AAPL||Apple Inc||4.00 %|
|WMT||Walmart Inc||3.50 %|
|PG||The Procter & Gamble Company||3.44 %|
|DIS||The Walt Disney Company||3.38 %|
|MCD||McDonald's Corporation||3.25 %|
|PEP||PepsiCo, Inc||3.22 %|
|HON||Honeywell International Inc||3.06 %|
|ORCL||Oracle Corporation||2.95 %|
|MRK||Merck & Co., Inc||2.91 %|
|QQXT||First Trust NASDAQ-100 Ex-Tech..||0.60 %||
|SKOR||FlexShares Credit-Scored US Co..||0.22 %||
|JSMD||Janus Henderson Small/Mid Cap ..||0.50 %||
|SCZ||iShares MSCI EAFE Small-Cap ET..||0.39 %||
|CIZ||VictoryShares Developed Enhanc..||0.45 %||
|CSB||VictoryShares US Small Cap Hig..||0.35 %||
|ADRU||Invesco BLDRS Europe Select AD..||0.30 %||
|FKU||First Trust United Kingdom Alp..||0.80 %||
|IEI||iShares 3-7 Year Treasury Bond..||0.15 %||
|FDTS||First Trust Developed Markets ..||0.80 %||
|Market Performance vs.
|Market Performance vs. Exchange|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||5.45%||77%||C+||93%||A|
|Risk Adjusted Return||74.49%||71%||C-||81%||B-|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.